Login or Join
 Learn then Earn

(Bits) Bits complete technical analysis [charts+indicators] | Buy/Sell Bits | (Bits) share price targets

Complete technical analysis of Bits (Bits) by charts plus indicators, forecast predictions and share price targets for Bits (Bits)

10 day averaged volume of Bits is 52148

Date Daily Closing Price Open High Low Volume
16 Thu May 2024 2.73 2.83 2.83 2.73 1.615 times
15 Wed May 2024 2.78 2.75 2.80 2.75 0.576 times
14 Tue May 2024 2.80 2.85 2.85 2.80 0.959 times
13 Mon May 2024 2.85 2.85 2.85 2.85 0.554 times
10 Fri May 2024 2.90 2.90 2.90 2.90 0.868 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 2.7, for a target of 2.9 or 3.07

Share price targets for Bits (Bits)

Target Type Value
Downside Target 1.74
Downside Target 2.49
Downside Target 2.67
Downside Target 2.73
Upside Target 2.85
Upside Target 3.01
Upside Target 3.13
Upside Target 3.31
Upside Target 3.37
Upside Target 3.43
Upside Target 3.50
Upside Target 3.57
Upside Target 3.65
Upside Target 4.24

Intraday share price targets for Bits (Bits)

Target Type Value
Downside Intraday Target 2.69
Downside Intraday Target 2.65
Upside Intraday Target 2.81
Upside Intraday Target 2.89
Upside Intraday Target 2.77

Weekly technical analysis of Bits (Bits)

Date Weekly Closing Price Open High Low Volume
16 Thu May 2024 2.73 2.85 2.85 2.73 0.738 times
10 Fri May 2024 2.90 3.13 3.18 2.90 1.007 times
03 Fri May 2024 3.13 3.07 3.13 3.01 0.782 times
26 Fri Apr 2024 3.13 3.37 3.37 3.13 0.673 times
19 Fri Apr 2024 3.31 3.50 3.50 3.31 0.844 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Bits (Bits)

Date Monthly Closing Price Open High Low Volume
16 Thu May 2024 2.73 3.01 3.18 2.73 0.263 times
30 Tue Apr 2024 3.01 3.26 3.57 2.67 1.909 times
28 Thu Mar 2024 3.43 3.72 4.24 3.43 1.008 times
29 Thu Feb 2024 3.65 2.53 3.65 2.53 0.599 times

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Bits (Bits)

Indicator Name Indicator Value Indicator Signal
ADX 50, 50, 0 Sell
MACD -0, -0Sell
Stochastics 2Sell
CCI -98Sell
RSI 61Buy
OBV -683549Sell
VWAP 3Sell
ADL 0Sell
ROC -11Sell
Force Index 0Sell

Price action analysis of Bits ( (Bits) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Bits ( (Bits) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Bits ( (Bits) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Bits ( (Bits) ) based on a mid to longer term time period is

ADX buy sell signal for Bits stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Bits in short term and the sell signal is strong.

Bits Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Bits in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Bits is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2.95 and Bits (Bits) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Bits (Bits) stock. Volume based technical analysis of Bits (Bits) stock is negative.

Bits Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Bits charts

Click here for further forecast and predictions for tomorrow

 Learn then Earn
Back to top | Use Dark Theme